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Bank of Montreal

453 hedge funds and large institutions have $20.8B invested in Bank of Montreal in 2019 Q1 according to their latest regulatory filings, with 54 funds opening new positions, 124 increasing their positions, 164 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 54 | Existing positions closed: 36

11% more capital invested

Capital invested by funds: $18.8B → $20.8B (+$1.99B)

7% more funds holding in top 10

Funds holding in top 10: 2830 (+2)

3% more funds holding

Funds holding: 438453 (+15)

9% more call options, than puts

Call options by funds: $226M | Put options by funds: $207M

0.85% less ownership

Funds ownership: 44.21%43.36% (-0.85%)

24% less repeat investments, than reductions

Existing positions increased: 124 | Existing positions reduced: 164

Holders
453
Holders Change
+15
Holders Change %
+3.42%
% of All Funds
9.81%
Holding in Top 10
30
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+7.14%
% of All Funds
0.65%
New
54
Increased
124
Reduced
164
Closed
36
Calls
$226M
Puts
$207M
Net Calls
+$19.4M
Net Calls Change
+$63.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$4.02B -$39.1M -528,642 -1%
TD Asset Management
2
TD Asset Management
Ontario, Canada
$1.62B -$1.91M -25,773 -0.1%
Bank of Montreal
3
Bank of Montreal
Ontario, Canada
$1.48B +$7.52M +101,729 +0.5%
Vanguard Group
4
Vanguard Group
Pennsylvania
$1.33B +$13.5M +182,459 +1%
Toronto Dominion Bank
5
Toronto Dominion Bank
Ontario, Canada
$853M +$43.5M +588,001 +5%
CIBC World Market
6
CIBC World Market
Ontario, Canada
$773M -$37.6M -509,082 -5%
Bank of Nova Scotia
7
Bank of Nova Scotia
Ontario, Canada
$682M +$101M +1,358,988 +18%
CIBC Asset Management
8
CIBC Asset Management
Ontario, Canada
$646M -$13.8M -186,752 -2%
Mackenzie Financial
9
Mackenzie Financial
Ontario, Canada
$640M +$35.4M +478,003 +6%
Acadian Asset Management
10
Acadian Asset Management
Massachusetts
$571M +$20.6M +278,905 +4%
Norges Bank
11
Norges Bank
Norway
$467M +$2.35M +31,739 +0.5%
BGC
12
Beutel, Goodman & Co
Ontario, Canada
$462M +$3.26M +44,087 +0.7%
Capital Research Global Investors
13
Capital Research Global Investors
California
$455M -$11.3M -153,342 -2%
LBA
14
Letko, Brosseau & Associates
Quebec, Canada
$394M +$2.89M +39,018 +0.7%
Connor, Clark & Lunn Investment Management (CC&L)
15
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$340M -$58.4M -789,061 -15%
Franklin Resources
16
Franklin Resources
California
$297M -$3.04M -41,112 -1%
Dimensional Fund Advisors
17
Dimensional Fund Advisors
Texas
$266M -$2.69M -36,310 -1%
Manulife (Manufacturers Life Insurance)
18
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$239M +$33.2M +449,568 +16%
Legal & General Group
19
Legal & General Group
United Kingdom
$229M +$53.6M +725,022 +31%
Mawer Investment Management
20
Mawer Investment Management
Alberta, Canada
$215M -$2.99M -40,482 -1%
OAC
21
OMERS Administration Corp
Ontario, Canada
$208M -$59.3M -802,452 -23%
Sumitomo Mitsui Trust Group
22
Sumitomo Mitsui Trust Group
Japan
$173M +$155K +2,096 +0.1%
SC
23
Scotia Capital
Ontario, Canada
$159M -$2.5M -33,863 -2%
AIMCA
24
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$131M -$4.29M -58,000 -4%
1832 Asset Management
25
1832 Asset Management
Ontario, Canada
$124M -$49.7M -671,868 -29%

BMO Hedge Fund Activity: Q1 2019 in Review

453 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Bank of Montreal (BMO) for Q1 2019, worth a combined $20.8B — up 11% from $18.8B a quarter earlier.

Buyers outnumbered sellers: 54 funds opened new BMO positions and 36 closed out — a net gain of 18 holders — while 124 added to existing stakes and 164 trimmed.

The largest buyer was Bank of Nova Scotia, adding an estimated $101M. The largest seller was Canada Life, exiting entirely with an estimated $395M sold.

  • 453 institutional investors held Bank of Montreal (BMO) as of Q1 2019, up from 438 in Q4 2018.
  • Funds reported $20.8B of Bank of Montreal stock for Q1 2019, up 11% quarter-over-quarter.
  • 54 funds opened new Bank of Montreal positions in Q1 2019 and 36 closed out, a net change of +18 holders.
  • The largest Bank of Montreal buyer in Q1 2019 was Bank of Nova Scotia, an estimated $101M added.
  • The largest Bank of Montreal seller in Q1 2019 was Canada Life, an estimated $395M sold.

Based on aggregated 13F filings for Q1 2019.